Illinois College of Optometry

www.ico.edu

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2020 Default Rate

on Student Loans

2022 Enrolled Students

481

95.8% Full-Time

About

Illinois College of Optometry is a higher education institution located in Cook County, IL. In 2022, the most popular Professional Doctorate concentrations at Illinois College of Optometry were Optometry (139 degrees awarded).

In 2022, 139 degrees were awarded across all undergraduate and graduate programs at Illinois College of Optometry. 71.2% of these degrees were awarded to women, and 28.8% awarded men. The most common race/ethnicity group of degree recipients was white (63 degrees), 1.75 times more than then the next closest race/ethnicity group, asian (36 degrees).

In 2020 the default rate for borrower's at Illinois College of Optometry was 0%, corresponding to 0 out of the 128 total borrowers.

Special Focus Four-Year: Other Health Professions Schools Special Focus Institutions

Costs

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Illinois College of Optometry was 0%, which represents 0 out of the 128 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Illinois College of Optometry had a total enrollment of 481 students in 2022. The full-time enrollment at Illinois College of Optometry is 461 students and the part-time enrollment is 20. This means that 95.8% of students enrolled at Illinois College of Optometry are enrolled full-time.

The enrolled student population at Illinois College of Optometry, both undergraduate and graduate, is 38.3% White, 25.2% Asian, 7.07% Two or More Races, 5.41% Hispanic or Latino, 3.74% Black or African American, 0.208% Native Hawaiian or Other Pacific Islanders, and 0.208% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (25.8%), followed by Asian Female (20.2%) and White Male (13%).

Full-Time vs Part-Time Enrollment

95.8%

Full-Time Enrollment

The total enrollment at Illinois College of Optometry in 2022, both undergraduate and graduate, is 481 students. The full-time enrollment at Illinois College of Optometry is 461 and the part-time enrollment is 20. This means that 95.8% of students enrolled at Illinois College of Optometry are enrolled full-time compared with N/A% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Illinois College of Optometry (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
184 enrolled students
Asian
121 enrolled students
Two or More Races
34 enrolled students

The enrolled student population at Illinois College of Optometry is 38.3% White, 25.2% Asian, 7.07% Two or More Races, 5.41% Hispanic or Latino, 3.74% Black or African American, 0.208% Native Hawaiian or Other Pacific Islanders, and 0.208% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 11 students (2.29%) did not report their race.

Graduates

In 2022, 59 more women than men received degrees from Illinois College of Optometry. The most common race/ethnicity group of degree recipients at Illinois College of Optometry is white (63 degrees awarded). There were 1.75 times more white recipients than the next closest race/ethnicity group, asian (36 degrees).

The most common Professional Doctorate concentration at Illinois College of Optometry is Optometry (139 degrees awarded).

In 2022, the most specialized majors across all degree types at Illinois College of Optometry, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (139 degrees awarded).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Illinois College of Optometry are Registered nurses (1,394,826 people), Medical & health services managers (151,000 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Illinois College of Optometry in 2022 are Health (139 degrees awarded) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Illinois College of Optometry are Surgeons, Physicians, Podiatrists, Nurse anesthetists, and Chief executives & legislators

The most specialized majors at Illinois College of Optometry are Health (139 degrees awarded) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Illinois College of Optometry are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,482,206 people), Outpatient care centers (237,556 people), Elementary & secondary schools (215,578 people), Offices of physicians (201,917 people), and Colleges, universities & professional schools, including junior colleges (129,843 people).

The most specialized majors at Illinois College of Optometry are Health (139 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Illinois College of Optometry.

Optometry

Most Common (2022)

139 degrees awarded

In 2022, the most common professional doctorate concentration at Illinois College of Optometry was Optometry with 139 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from professional doctorate programs at Illinois College of Optometry according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 40 degrees were awarded to men at Illinois College of Optometry, which is 0.404 times less than the number of degrees awarded to females (99).

This chart displays the sex disparity between the top 5 majors at Illinois College of Optometry by degrees awarded.

Most Common Male Majors

In 2022, 40 degrees were awarded to men at Illinois College of Optometry in Optometry, which is 0.404 times less than the 99 female recipients with that same degree.

Most Common Female Majors

In 2022, 99 degrees were awarded to men at Illinois College of Optometry in Optometry, which is 2.48 times more than the 40 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
63 degrees awarded
Asian
36 degrees awarded
Hispanic or Latino
9 degrees awarded

The most common race/ethnicity at Illinois College of Optometry is white (63 degrees awarded). There were 1.75 times more white recipients than the next closest race/ethnicity group, asian (36 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
40 degrees awarded
Asian Female
29 degrees awarded
White Male
23 degrees awarded

The most common race/ethnicity and sex grouping at Illinois College of Optometry is white female (40 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, asian female (29 degrees).

Operations

Illinois College of Optometry has an endowment valued at nearly $1.6M, as of the end of the 2022 fiscal year. The return on its endowment was of −5.08M (−319%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Illinois College of Optometry had a total salary expenditure of 33.7M. Illinois College of Optometry employs 25 Associate professors, 15 Assistant professors and 5 Professors. Most academics at Illinois College of Optometry are Female Associate professor (18), Female Assistant professor (13), and Male Associate professor (7).

The most common positions for non-instructional staff at Illinois College of Optometry are: Office and Administrative Support, with 58 employees, Management, with 20 employees, and Computer, Engineering, and Science with 10 employees.

Endowment

$1.6M

2022 Endowment

2.46%

growth from 2021

This line chart shows how the endowment at Illinois College of Optometry (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Health Professions Schools Carnegie Classification grouping.

Salary Expenditure

$16.5M

2022 Salaries

6.8%

decline from 2021

In 2022, Illinois College of Optometry paid a median of $16.5M in salaries, which represents 49.1% of their overall expenditure ($33.7M) and a 6.8% decline from the previous year. This is compared to a 4.64% growth between 2020 and 2021, and a 7.89% decline between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$5.8M

Instructional Salaries

Number of Employees

In 2022, Illinois College of Optometry paid a total of $5.8M to 48 employees working as instructors, which represents 35.1% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

25 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

58 Employees

In 2022, the most common positions for instructional staff at Illinois College of Optometry were Associate professor with 25 employees, Assistant professor with 15 employees, and Professor with 5 employees.

In 2022, the most common positions for non-instructional staff at Illinois College of Optometry were Office and Administrative Support with 58 employees, Management with 20 employees, and Computer, Engineering, and Science with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Associate professor
Female Assistant professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Illinois College of Optometry was Female Associate professor with 18 employees, Female Assistant professor with 13 employees, and Male Associate professor with 7 employees.

This chart shows the sex split between each academic rank present at Illinois College of Optometry.

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